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Cyprus

Cyprus

A residency permit may be granted to non-EU citizens who:


•    Purchase real estate worth in excess of €300,000,


•    Make a direct investment of €5 million into businesses or properties,


•    Deposit €5 million into the country's banks (in which case immediate citizenship is given),


•    Have lost in excess of €3 million from their bank deposits in the bail-in, provided they also have permanent residency in the country, worth at least €500,000.


Since the implementation of the scheme in early 2013, 691 permits have been granted, to people of 25 nationalities.

 

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Apple Says It Isn't Tracking Your Phone If Location Sharing Is Turned Off

Apple's newer iPhones, including the iPhone 11 Pro, are its first to feature ...

We Should Not Return to Practices of the Past, New FinMin Says

Cyprus' new Finance Minister Constantinos Petrides called on lawmakers to assume ...

Record Number of Air Passengers Carried at More Than 1.1 Billion in 2018

In 2018, 1.1 billion passengers travelled by air in the European Union (EU), up by ...

Launching a Next-Generation Company from Scratch

Hellas Direct presents The Limassol Star Speaker Show on Thursday, 12 December at ...

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Michigan’s second-highest court rules in favor of township in case that could ...

Greek Prime Minister Informs President About His Meeting with Erdogan

Greek Prime Minster Kyriakos Mitsotakis held a phone conversation on Thursday ...

CFA Society Cyprus Welcomed Its New Members

CFA Society Cyprus welcomed its 20 new members at a special award ceremony in ...

VTTV: Establishing Cyprus as A Regional Energy Hub

VTT Vasiliko Ltd (VTTV), a member of the VTTI Group Global network, which operates ...

Nicos Anastasiades: Cyprus to Resort to The ICJ to Protect Its Sovereign Rights

Cyprus will resort to the International Court of Justice in The Hague in a bid to ...

Robotex International: Cyprus “Robot Masters” Swept The Awards in Estonia

The 250 members of the Cyprus mission to the Robotex International Competition ...

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